"Hyperinflation in Zimbabwe was a self-fulfilling prophecy, and a symptom of a failed state, similar to the tail end of the Weimar Republic." Actually, it seem

"Hyperinflation in Zimbabwe was a self-fulfilling prophecy, and a symptom of a failed state, similar to the tail end of the Weimar Republic." Actually, it seems that Zimbabwe was a case of supply shock, not of "printing" too much: '[..]A rapid demand contraction was required but impossible to implement politically given that 45 per cent of the food output capacity was destroyed.' http://bilbo.economicoutlook.net/blog/?p=3773 http://bilbo.economicoutlook.net/blog/?p=3773 You wrote an interesting post, by the way.